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Principal Broker

Compass · Edina
Full-timeReal EstateReal Estate$128,000–$173,000/yr
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About the Principal Broker role

Principal Broker positions focus on delivering results in their domain. This page aggregates open Principal Broker roles and what employers typically expect.

At Compass, our mission is to help everyone find their place in the world. Founded in 2012, we’re revolutionizing the real estate industry with our end-to-end platform that empowers residential real estate agents to deliver exceptional service to seller and buyer clients. As a Principal Broker, you will best, support, coach and retain Compass agents while fostering an exceptional company culture. Serving as a key liaison between the regional leadership team and our agents, you will drive the implementation of various sales and platform-related initiatives and policies, in alignment with the company’s vision and annual goals. In this role, you will be responsible for leading a large agent population, motivating, coaching and mentoring sales agents, as well as providing strategic and operational guidance to the Company’s executive team. At Compass You Will: Growth planning & professional development Be responsible for leading your agent population, motivating, coaching and mentoring sales agents, as well as providing strategic and operational guidance to the Company’s executive team Retain and coach Compass agents while fostering an exceptional company culture Lead regular office-wide agent meetings (for the purposes of growth planning, broader performance reviews, company policy updates and any other company or market-updates) Relay market intelligence from Research team and Business Development targets to agents Provide agents with high level Business planning, feedback and professional development guidance Develop initiatives to boost agent productivity and reinforce these practices through coaching Regular tracking/monitoring of key metrics and platform adoption that drive revenue and increase efficiency Help Agents to develop and deliver their personal sales goals Culture-building Ensure Compass is creating a positive work environment to ensure agent satisfaction and overall retention Promote positive behavioral attributes & attitudes amongst agents Resolve agent, brokerage and contract/compliance issues on an as-needed basis Be a culture carrier who inspires and empowers those around you with a positive and constructive approach to creating and implementing change Company strategy Relay on-the-ground market trends from agents to Business Development and Executive team Develop and share perspective on future agent management Act as a conduit between local leadership and our agents by implementing various sales-related initiatives and policies in alignment with the company’s vision and values Build & drive the strategies implemented by regional & national operations to grow the adoption of Compass tech, programs, and ancillary services within your agent population A gent growth & pitching new business Partner with Business Development to collaborate on agent candidates Lead and provide support to agents in pitching new business opportunities Collaboratively working with agent teams on sales exclusive presentations and proper market pricing with sellers Complete Agent Contract renewals for your agent roster annually Who you are: In-depth knowledge and proven track record in the leadership areas listed above An energetic, forward thinking, creative individual with high ethical standards and an appropriate professional demeanor A strategic planner with analytical ability, good judgment and strong operational focus. Superior verbal and written communication skills to ensure clear and consistent delivery of the Company’s messaging High emotional intelligence; professional and trustworthy with confidential and sensitive information Excellent organizational skills and interpersonal skills, including ability to resolve disputes and observe confidentiality Technologically forward-thinking Hands-on approach with the maturity and experience to navigate all levels of the organization. Capable of engaging a diverse set of stakeholders and gaining their trust Self-starter attitude and ability to exercise judgment and problem-solve with m…

Salary estimate

$128,000 – $173,000/yr
Provided by the employer.

Skills for this role

SalesCommunicationLeadership

Resume tips for Principal Broker applicants

Interview preparation

Prepare concrete STAR-format stories that show Principal Broker outcomes you drove.

Research the employer's product and recent news before the interview.

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Have thoughtful questions ready about the team, tools and success metrics.

About Compass

Compass is actively hiring on Jobedly. Explore their open roles and what it's like to work there.

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